VAS is a leading provider of outsourced vehicle and asset audits.

Providing governance and risk control services

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What We Do

Wholesale Finance Audit

With 150 auditors throughout the UK, Ireland and Europe we utilise our bespoke SMART risk platform to provide unparalleled floor plan audits for Captive and Independent funders

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Sub Hire Audit

Our solution supports adherence with sub-hire facility funding, providing verification of funded assets and the suitability of the customer’s documentation, systems and controls.

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Asset Inspection

Physical inspection of assets to confirm their existence, location and condition through GPS, date and time stamped photographic evidence. Also includes verification of asset description in line with the underlying finance agreement and supporting paperwork.

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Vehicle Recovery

In partnership with Wilsons Auctions we provide an end-to-end solution for vehicle recovery and auction. Wilsons are the only auction company in the British Isles to offer national coverage. Together, we supply an asset recovery service on a same day basis.

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Dealer Oversight Services

Provision of a dealer retail related oversight auditing service to provide an independent review of the dealer’s sales processes, safeguarding both dealer and funder.

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Pounds

60000000000

£'s of assets audited in the last 12 months

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6000

audits carried out each month

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1600000

million assets audited in last 12 months

Vehicle & Asset Solutions

Founded in 1991, VAS has established itself as a market leader in the provision of outsourced audit services on behalf of independent and captive funders. We conduct a wide range of audits, including Wholesale Floor Plan, Sub Hire, Asset Inspection and Dealer Oversight audit services.

We operate across a broad spectrum of asset classes including Motor, Agriculture, Commercial, Marine, Leisure and Equipment. This includes both physical and digital audit services, which can be used in a combined hybrid solution. We operate our services throughout the UK and Europe. Using our ‘SMART’ software we complete and deliver audit results to customers in our web-based risk platform.

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For over 30 years

VAS has been supporting captive finance providers and independent banks in protecting their loan books and safeguarding their assets by way of independent physical and digital audit services. Risk mitigation and risk management are key to minimising losses and maximising opportunities.

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